2022
Exports
$9.55MWorld Rnk 38 / 198
Flag Rnk 489 / 1208
2022
PRODUCT COMPLEXITY IN Scales
0.96Rnk 184 / 1025
2022
Imports
$95.6MWorld Rnk 13 / 220
Flag Rnk 366 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $9.55M in Scales, making it the 38th largest exporter of Scales in the world. At the same year, Scales was the 489th most exported product in Australia. The main destination of Scales exports from Australia are: New Zealand ($1.62M), United States ($891k), Thailand ($751k), Peru ($631k), and Papua New Guinea ($542k).

The fastest growing export markets for Scales of Australia between 2021 and 2022 were South Africa ($427k), Peru ($425k), and Canada ($312k).

Imports In 2022, Australia imported $95.6M in Scales, becoming the 13th largest importer of Scales in the world. At the same year, Scales was the 366th most imported product in Australia. Australia imports Scales primarily from: China ($37.1M), New Zealand ($12.4M), Germany ($8.56M), United States ($6.74M), and Japan ($5.09M).

The fastest growing import markets in Scales for Australia between 2021 and 2022 were China ($2.82M), United States ($2.6M), and Indonesia ($1.84M).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Scales. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.55M
IMPORTS (2022)$95.6M
NET TRADE (2022)-$86M

In 2022, Australia exported $9.55M in Scales. The main destinations of Australia exports on Scales were New Zealand ($1.62M), United States ($891k), Thailand ($751k), Peru ($631k), and Papua New Guinea ($542k).

In 2022, Australia imported $95.6M in Scales, mainly from China ($37.1M), New Zealand ($12.4M), Germany ($8.56M), United States ($6.74M), and Japan ($5.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Australia WERE (2021 - 2022):
South Africa$427k (520%)
Peru$425k (207%)
Canada$312k (205%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Australia WERE (2021 - 2022):
China-$831k (-81.2%)
United States-$651k (-42.2%)
Brazil-$491k (-88.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Australia's main exporting competitors in Scales were:
China $1.91B
Japan $297M
In 2022, Australia's main importing competitors in Scales were:

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $932k
TOP IMPORT POTENTIALChina+ $2.05M

Scales’s highest export potential is United States. With an export gap of $932k.   Scales’s highest import potential is China with an import gap of $2.05M.

See methodology.

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